Markets have rebounded sharply after last week's fear-driven decline. Despite this, rate cuts are still anticipated in the upcoming FOMC meetings. Changes in monetary policy often benefit some sectors over others, providing investors a chance to adjust their portfolio allocations accordingly.
This paper delves into a comparative analysis of sectors around...
👋Hello Traders,
Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in HK stock : 941 for Swing trade.
Please refer to the details Stop loss, FVG(Buy Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea,...
👋Hello Traders,
Our 🖥️ AI system detected that there is an H4 or higher timeframe ICT Short setup in US stock : T for Swing trade.
Please refer to the details Stop loss, FVG(Buy Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea,...
Support from March 2011 and November 2012 respected this week as PNN continues its downtrend.
Water industry is experiencing a wave (pun intended) of problems.
Could form another shoulder with high of 943?
The daily chart on XLU provides rationale to keep a place on our watchlist. Recently it made a golden cross and seems to have broken free of a downdraft in price. Now it looks like the RSI could be searching for overbought.
One option is a momentum trade targeting the $71+ price. Personally I'd like to see it hit overbought, then that a position of it pulls back...
The signal of trend reversal convergence will appear when the downtrend turns into an uptrend. At that point, in a downtrend, the subsequent lows will be lower than the previous lows.
However, oscillating indicators behave differently, as they show that the subsequent lows are higher than the previous lows, indicating that the momentum of the downtrend is...
XLU Potential Breakout Analysis
AMEX:XLU is indicating a potential breakout based on technical analysis, suggesting an opportune moment to consider exploring the utilities sector.
Why Utilities Sector?
The utilities sector is recognized for its defensive characteristics and stable performance, making it an appealing choice for investors seeking a haven during...
Hey folks, This one has caught my eye, compressed bullish diamond that looks ready for an expansion phase and is in price discovery. This is another play that I believe will benefit greatly from a Trump win, but has some near term potential based on the chart and it looks primed for some material news.
Also, look at those earnings! this is a specimen in the...
Kinder Morgan is heading into earnings and currently sits above the 200-week SMA and the POC as it forms what appears to be a Bullish Inverted Head and Shoulders pattern. If these levels hold into earnings, I think KMI will have a chance at breaking out of the pattern and making its way towards the 0.618 Fibonacci retracement up at around $31.23 especially if...
Utilities (XLU) almost hit this month the Higher Lows trend-line that has been holding for exactly 21 years (since October 2002) and immediately responded with a strong rebound that has already turned the 1M candle green. All this price action taking place in less than 2 weeks, which indicates considerable market movement.
Amidst of all that, it broke below the...
It looks bearish and broke down. It can retest it covid lows. It has high debt and net revenue loss. With high interest rates, a good portion of its revenues will go towards interest payments.
Companhia Energetica de Minas Gerais CEMIG is a Brazil-based holding company engaged in the energy sector. The Company, through its interests in subsidiaries or jointly controlled entities, is engaged in the generation, transmission and distribution of electricity. The Generation division consists of the operation of hydroelectric plants, wind farms and...
Boring is better in a recession. Fed Chair reaffirmed his steely resolve to fight inflation. In short, he wants to break the back of inflation "at any cost" to subdue it down to Fed’s target of 2%. Soft-landing is desired. But overcorrection to fend off sticky inflation could tip soft-landing into a hard one.
In a recession, economic activities shrink resulting...
ARIS on the daily chart is consistently rising with big earnings beats both
in the past month and early May. The ZL MACD is curling up towards a cross
of lines under the low amplitude histogram. The dual time frame RS indicator
shows consistent lines above the 50 and the lower TF line in green above
the higher TF line in black. Stock is 20% higher in 3 months...
Company: DTE Energy Company
Ticker: DTE
Exchange: NYSE
Sector: Utilities
Introduction:
In today's analysis, we are examining DTE Energy Company (DTE) on the NYSE, a key player in the utilities sector. The weekly chart reveals a potential bullish reversal in the form of a Symmetrical Triangle pattern that has been forming over the past 42 weeks.
Symmetrical...
Publishing an update to an unsuccessful projection with NYSE:NEP last month. It was sitting at the 200MA and it's most recent drawdown had triggered a fear signal. These are less common in the utilities sector, which made it look like a decent contrarian opportunity. Throughout the remainder of March we saw a rotation out of safety sectors like utilities and...
Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. The company operates through Regulated Water and Regulated Natural Gas segments. It offers water services through operating and maintenance contract with municipal authorities and other parties. The company...
